Dangote’s 50kg Cement costs between N4,000 to N4,600, while Cement sells at an average price of N6,216 in Benin despite govt’s regulation
Dangote’s 50kg Cement costs between N4,000 to N4,600, while Cement sells at an average price of N6,216 in Benin despite govt’s regulation The allegation that went viral on the social media last week that Dangote Cement Plc was selling a bag of 50kg cement to Nigerians at an exploitative rate of N5,200 while it sells the same quantity of cement at N1,500 in the Republic of Benin was not true. THISDAY’s investigation in Cotonou at the weekend, revealed that Dangote Cement was not on sale in Cotonou or anywhere in Republic of Benin. While Da…
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Fidelity records PBT of N76.3bn for H1 2023
Fidelity records PBT of N76.3bn for H1 2023 ……Declares interim dividend of 25 kobo Per Share Lagos, Nigeria, September 3, 2023: Leading financial institution, Fidelity Bank Plc has recorded an impressive 204.4% growth in Profit Before Tax for the first half of 2023 to N76.3bn according to the bank’s recently issued financial result. A review of the results published on the Nigerian Exchange Group (NGX) on Friday, 1 September 2023, showed a positive performance across all financial indices, reaffirming the Bank’s position as one of the fast…
Tax: Govt earns N412.9bn from Dangote Cement in 3 years Tax: Dangote Cement Remits N412.9bn to Govt in 3 years
Tax: Govt earns N412.9bn from Dangote Cement in 3 years Tax: Dangote Cement Remits N412.9bn to Govt in 3 years Dangote Cement Plc, a subsidiary of Dangote Industries Limited, (DIL), paid a total of N412.9 billion into the coffers of the Federal Government as tax for 3 consecutive years. A total of N97.24 billion was paid by Dangote Cement in 2020, N173.93 billion in 2021 and N141.69 billion in 2022. This huge tax payment from only one of the conglomerate’s subsidiaries, re-affirms Aliko Dangote’s position that prompt and accurate tax pay…
UBA’s Back to School Package Offers Exclusive Discounts, Benefits for Children, Parents
UBA’s Back to School Package Offers Exclusive Discounts, Benefits for Children, Parents Africa’s Global Bank, United Bank for Africa (UBA) Plc is proud to announce its highly anticipated “Back2School” package, designed to provide exclusive discounts and benefits for both children and their parents. As the new school session kicks off, UBA continues to fulfil its commitment to fostering a seamless educational journey with innovative offerings aimed at assisting parents in nurturing their children’s educational journey with ease. UBA’s Head,…
Access, Zenith, GTCO, First Bank and Fidelity Bank Top List Of ‘Top 50 Brands Nigeria’
Access, Zenith, GTCO, First Bank and Fidelity Bank Top List Of ‘Top 50 Brands Nigeria’ As part of its comprehensive 2023 Top Brands perception assessment, brand and marketing firm, TOP 50 BRANDS NIGERIA, has named top tier banks; Access Bank, Zenith Bank, GTCO, First Bank and Fidelity Bank as the top 5 banks in the ‘Top 50 Brands Nigeria’ released. TOP 50 BRANDS NIGERIA, is a qualitative, non-financial evaluation of top corporate brands in the country. The annual top brands league table which has become like a report card, with which to…
Stanbic IBTC's Strong Performance: H1 2023 Profit Grows by 121%, Sets ₦1.50 Interim Dividend Record
Stanbic IBTC's Strong Performance: H1 2023 Profit Grows by 121%, Sets ₦1.50 Interim Dividend Record Stanbic IBTC Holdings PLC, a member of Standard Bank Group, has releas ed its audited financial results for the first half of 2023, showcasing a remarkable surge in profitability and key financial metrics. In the first half of 2023, Stanbic IBTC recorded Profit Before Tax (PBT) of ₦82.99 billion, up 108% from the PBT recorded in the same period for 2022. Profit After Tax (PAT) of ₦67.92 billion was achieved in the first half of 2023, up …
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Fidelity Bank to help Schools prepare for New School Session with Edu Loan Product
Fidelity Bank to help Schools prepare for New School Session with Edu Loan Product As the summer break winds down, leading financial institution, Fidelity Bank Plc, has emphasised its devotion to help schools prepare adequately for the next session and deliver quality education. Through its bespoke product known as the Fidelity Edu Loan, administrators of registered private primary, secondary and tertiary institutions in Nigeria can access loans of up to N180million. In a chat with journalists, Divisional Head, Product Development, Fidelity …
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